{"id":348571,"date":"2025-12-17T21:26:50","date_gmt":"2025-12-17T21:26:50","guid":{"rendered":"https:\/\/peraltafinancing.com\/angel-investor\/leapfunders-alumnus-barqo-acquired-by-borrow-a-boat\/"},"modified":"2025-12-17T21:26:50","modified_gmt":"2025-12-17T21:26:50","slug":"leapfunders-alumnus-barqo-acquired-by-borrow-a-boat","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=348571","title":{"rendered":"Leapfunder&#8217;s Alumnus Barqo Acquired by Borrow A Boat"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-id=\"5a02da1\" data-element_type=\"widget\" data-widget_type=\"theme-post-content.default\">\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">London-based boat rental platform <\/span><a href=\"https:\/\/www.borrowaboat.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Borrow A Boat<\/span><\/a><span style=\"font-weight: 400;\"> has acquired <\/span><a href=\"https:\/\/barqo.co\/en\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Barqo<\/span><\/a><span style=\"font-weight: 400;\">, a peer-to-peer boating marketplace based in Amsterdam. This acquisition will strengthen Barqo\u2019s position in the Dutch market and fuel its growth into other European markets, thanks to the high level of synergy between the two companies, says Thijs Janssen, Barqo\u2019s co-founder and CEO. Find out what advice he\u2019d give to a startup founder who is negotiating an exit and what is the future of Barqo.<br \/><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-5845\" src=\"https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2022\/04\/Leapfunders-Alumnus-Barqo-Acquired-by-Borrow-A-Boat-.png\" alt=\"A group of men standing on a bridge in Amsterdam, posing for a photo\" width=\"970\" height=\"500\" srcset=\"https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2022\/04\/Leapfunders-Alumnus-Barqo-Acquired-by-Borrow-A-Boat-.png 970w, https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2022\/04\/Leapfunders-Alumnus-Barqo-Acquired-by-Borrow-A-Boat--300x155.png 300w, https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2022\/04\/Leapfunders-Alumnus-Barqo-Acquired-by-Borrow-A-Boat--768x396.png 768w, https:\/\/blog.leapfunder.com\/wp-content\/uploads\/2022\/04\/Leapfunders-Alumnus-Barqo-Acquired-by-Borrow-A-Boat--610x314.png 610w\" sizes=\"(max-width: 970px) 100vw, 970px\"\/><br \/><\/span><b>1. Hi Thijs, thank you for agreeing to do the interview and congratulations on the big success! Could you tell us how long have you been working on <a href=\"https:\/\/barqo.co\/en\" target=\"_blank\" rel=\"noopener\">Barqo<\/a> and what led you to this idea originally?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">I started <\/span><a href=\"https:\/\/barqo.co\/en\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Barqo<\/span><\/a><span style=\"font-weight: 400;\"> along with <\/span><a href=\"https:\/\/www.leapfunder.com\/blog\/article\/floris-van-hoogenhuyze-we-vestr-equity-management-simplified\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Floris van Hoogenhuyze<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/www.linkedin.com\/in\/dennisvankappen\/?originalSubdomain=nl\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Dennis van Kappen<\/span><\/a><span style=\"font-weight: 400;\">. This was at a time when Airbnb was often in the news (2014\/2015) and we found this same concept very appropriate for boats in the canals of Amsterdam, as they were not used 95% of the time. Not much later we saw that the same thing was going on at 99% of the marinas in the Netherlands.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>2. Did you ever think of giving up, and what kept you going?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In the event of major setbacks, I sometimes toyed with the thought of giving up. Ultimately, you have to deal with a lot of setbacks and occasional successes in business. That\u2019s why it\u2019s important to celebrate every small or big success and move on to the next success from there. This always kept me going, but not everyone is capable of doing this.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>3. Did Covid-19 influence your business, and if yes, how?<\/b><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\"><br \/><\/span><span style=\"font-weight: 400;\">Covid-19 had a huge impact on our business. When the first measures were introduced by the government, we saw all bookings being cancelled and for a moment we didn\u2019t know what to do. Together with our advisors we immediately worked on a plan to take advantage of the possible opportunities that the measures would bring. As a result, we have grown considerably in the supply and rental within the holiday segment in the Netherlands. Before the crisis, this segment was a much smaller part of our turnover.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>4. What advice would you give a startup founder who is raising his first funding?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Think carefully about whether you really need the money at the time you start raising funding. If you can bootstrap, then you should definitely do so. In the early days of <\/span><a href=\"https:\/\/barqo.co\/en\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Barqo<\/span><\/a><span style=\"font-weight: 400;\">, we paid a lot of money for things that turned out not to be so effective. If you know how to set up a valuable business without investment, you also know what the investment can be used for best.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>5. How did you increase your chances of finding an exit? What advice would you give a startup founder who is negotiating an exit?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The market consolidation of online platforms in boat rental has been going on for a while. There are a few big players taking over the smaller ones or there is tough competition. We have always maintained a lot of contact with domestic and foreign competitors and chose to be very good at what only we could do best \u2013 short term rentals in the Netherlands. By focusing on this we proved to be a valuable addition to several players. However, the real work starts when you agree on the synergy.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">My advice is to always keep analysing the market, have contact with your competitors, and above all create an impact in what only you can do best.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>6. What role did <a href=\"https:\/\/www.leapfunder.com\/rounds\" target=\"_blank\" rel=\"noopener\">Leapfunder<\/a> play in <a href=\"https:\/\/barqo.co\/en\" target=\"_blank\" rel=\"noopener\">Barqo\u2019s<\/a> journey?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">We managed to raise our first round of funding in convertible notes via Leapfunder. This was a very insightful process and valuable input for the rounds that followed.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>7. What is the future of <a href=\"https:\/\/barqo.co\/en\" target=\"_blank\" rel=\"noopener\">Barqo<\/a>?<\/b><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Barqo will continue to exist, we have built a good brand in the Netherlands. The British Borrow A Boat Ltd. is going to apply Barqo\u2019s technology and expertise to their entire business. It\u2019s very nice to see that something you and your team have built lives on in another organisation.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Thank you very much for sharing your story with us, Thijs. We wish you the best of luck in your future endeavours.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Join our network of startups &amp; investors!<\/span><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"\/>\t\t\t\t<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>London-based boat rental platform Borrow A Boat has acquired Barqo, a peer-to-peer boating marketplace based in Amsterdam. This acquisition will strengthen Barqo\u2019s position in the Dutch market and fuel its growth into other European markets, thanks to the high level of synergy between the two companies, says Thijs Janssen, Barqo\u2019s co-founder and CEO. Find out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":348572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12034],"tags":[15282,170635,23736,12628,170636,7165,170637,81976,170638,170639,170453,170641,1543,170640,13442],"dealstore":[],"offerexpiration":[],"class_list":["post-348571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-angel-investor","tag-acquired","tag-airbnb-for-boats","tag-alumnus","tag-amsterdam","tag-barqo","tag-boat","tag-boat-rental-platform","tag-borrow","tag-borrow-a-boa","tag-dennis-van-kappen","tag-floris-van-hoogenhuyze","tag-leapfunders","tag-london","tag-thijs-janssen","tag-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Leapfunder&#039;s Alumnus Barqo Acquired by Borrow A Boat - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=348571\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leapfunder&#039;s Alumnus Barqo Acquired by Borrow A Boat - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"London-based boat rental platform Borrow A Boat has acquired Barqo, a peer-to-peer boating marketplace based in Amsterdam. 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